Peco Foods, Inc.benefits

Peco Foods, Inc.'s benefits plans covered 6,078 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $25,916,489. Insurance brokers and agents were paid $1,653,619 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $272 per covered person, above the median for employer plans that report broker pay. Broker pay fell 34% from $2,509,117 in 2023.